OpenAI Pitches Coding Tools to Developers Amid Mounting Losses

On October 7th, 2025, OpenAI CEO Sam Altman presided over the company's third annual OpenAI DevDay event in San Francisco, where he unveiled new tools aimed at empowering software developers to build applications using OpenAI's AI services.

Altman announced that 4 million developers have already built with OpenAI, and ChatGPT, the company's popular language model, now processes over 6 billion tokens per minute. However, despite this impressive user growth, OpenAI has struggled to turn a profit. According to reports, the company generated $4.3 billion in revenue in the first half of 2025, a 16% increase from 2024, but also recorded a staggering $13.5 billion net loss, up from $3.1 billion in the same period a year earlier.

To address this challenge, Altman pitched the company's new Apps SDK, which allows developers to integrate their apps with ChatGPT, enabling users to invoke those apps directly through the ChatGPT interface. The company also introduced AgentKit, a set of tools to help developers build and deploy AI-powered workflows and agents. Altman highlighted how grocery chain Albertson's used AgentKit to quickly create an agent that could analyze and provide recommendations on a sudden drop in ice cream sales.

While the utility of these AI-powered tools remains to be seen, Altman expressed confidence that OpenAI's platform will be a "great" one for developers to build the next generation of applications in the era of artificial intelligence.